VoloFin Secures $50 Million in Funding from Leading Global Bank
VoloFin, a fintech platform offering end-to-end solutions in factoring and supply chain financing, has secured a $50 million funding line from one of the world’s largest global banks. This strategic move is designed to support SMEs in India and globally by addressing critical trade finance gaps and enhancing economic resilience. The company plans to use these funds to expand its operations and drive growth.
VoloFin is also focused on boosting Indian exports by making trade finance more accessible to exporters. The company has set ambitious targets to increase this funding line to $150 million within the next two to three years.
Roshan Shah, Co-Founder and CEO of VoloFin, said, “We're delighted to receive this funding from such a large global institution that believes in our mission and commitment to serving the SMEs. This is a significant milestone in our growth story, and we will continue to deepen our propositions for underserved SMEs. We are committed to leveraging this funding to bolster our capabilities and bridge the trade finance gap for the exporters, which are the backbone of the economy”.
VoloFin has garnered significant attention for its innovative approach. The company aims to provide Small and Medium Enterprises (SMEs) with flexible lending solutions to leverage growth opportunities and handle complex supply chains using state-of-the-art financial instruments and technology. VoloFin has built strategic partnerships with major global banks and financial institutions to maintain its promise of excellence and deliver value-added services to its clients. Based in Singapore, the company has established its footprint in the United States and India.